Equity and efficiency effects of redistributive policies

Autor:	Ananth Seshadri, Kazuhiro Yuki
Rok vydání:	2004
Předmět:	Microeconomics Economics and Econometrics Equity (economics) Earnings General equilibrium theory Inequality media_common.quotation_subject Economics Redistribution (cultural anthropology) Social mobility Finance media_common
Zdroj:	Journal of Monetary Economics. 51:1415-1447
ISSN:	0304-3932
DOI:	10.1016/j.jmoneco.2003.10.006
Popis:	How do various forms of redistribution affect the distributions of earnings and consumption and their intergenerational mobility? Do redistributive policies enhance efficiency by mitigating market imperfections? Or do they create a trade-off between equity and efficiency? To address these issues, a dynamic general equilibrium model is constructed and solved numerically. The effects of the degrees of targeting of money transfers and educational transfers and the relative performance of the two types of transfers are examined.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::c21ee5116779705a76d10642795ea48d https://doi.org/10.1016/j.jmoneco.2003.10.006 Zobrazit plný text záznamu Full Text from ScienceDirect